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Sovereign Trust Insurance Plc
17 Adetokunbo Ademola Street
Phone: +234 7000784752p:+234 7000784752 VICTORIA ISLAND, Nigeria Ticker: SOVRENINSSOVRENINS
Business Summary
Sovereign Trust Insurance Plc is a Nigeria-based non-life insurance company. The Company is engaged in the provision of various classes of non-life insurance and special risk insurance, settlement of claims and insurance of policyholder’s funds. Its segments include Motor, Fire & property, Marine & aviation, General accident, Car and engineering, and Oil and gas. Its insurance products include Motor Insurance, Family Wellbeing Insurance, Marine Insurance, Easy Travel Insurance Cover, Contractors All Risk, All Risk Insurance, Aviation Insurance, Burglary House Breaking Insurance, Consequential Loss Insurance, and Fire and Extraneous Perils Insurance. Its other insurance products include Builders Liability Insurance, Electronic Equipment Insurance, Erection All Risk Insurance, Fidelity Guarantee Insurance, Goods in Transit Insurance, Healthcare Indemnity Insurance, Machinery Breakdown Insurance, Personal/Group Accident Insurance, Public Liability Insurance, and Plant All Risk Insurance.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
6331 Fire, marine, and casualty insurance

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Ephraim F.Faloughi
Managing Director/Chief Executive Officer, Director OlawaleOnaolapo 1/2/2008 1/1/1995
Vice Chairman of the Board Oluseun O.Ajayi 1/2/2008
12 additional Officers and Directors records available in full report.

Business Names
Business Name
Sovereign Trust Insurance Plc
SOVRENINS

General Information
Number of Employees: 167 (As of 12/31/2011)
Outstanding Shares: 14,228,139,483 (As of 9/30/2024)
Shareholders: 8,591
Stock Exchange: NIG


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Wednesday, November 20, 2024